DHS Awards $2.7M for Two USCG FRC Boats to Inventech Marine Solutions

Contract Overview

Contract Amount: $2,746,400 ($2.7M)

Contractor: Inventech Marine Solutions, LLC

Awarding Agency: Department of Homeland Security

Start Date: 2025-01-29

End Date: 2026-08-28

Contract Duration: 576 days

Daily Burn Rate: $4.8K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: DELIVERY ORDER FOR TWO OTH VS FOR USCG FRC VINCENT DANZ AND FRC JEFFREY PALAZZO.

Place of Performance

Location: BREMERTON, KITSAP County, WASHINGTON, 98312

State: Washington Government Spending

Plain-Language Summary

Department of Homeland Security obligated $2.7 million to INVENTECH MARINE SOLUTIONS, LLC for work described as: DELIVERY ORDER FOR TWO OTH VS FOR USCG FRC VINCENT DANZ AND FRC JEFFREY PALAZZO. Key points: 1. Contract awarded for specialized patrol boats, indicating a need for maritime security capabilities. 2. Inventech Marine Solutions, a likely specialized manufacturer, secured the order. 3. The contract value is relatively modest, suggesting a specific, limited scope. 4. The procurement falls under the 'Boat Building' category, relevant to maritime operations.

Value Assessment

Rating: good

The $2.75M award for two specialized boats appears reasonable given the niche nature of FRC vessels. Benchmarking against similar custom patrol boat contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition after exclusion of sources, suggesting a competitive bidding process. This method aims to ensure fair pricing and access to the best value for the government.

Taxpayer Impact: The competitive nature of this award is expected to yield fair market pricing, minimizing unnecessary taxpayer expenditure for these specialized assets.

Public Impact

Enhances U.S. Coast Guard's operational capacity with new patrol vessels. Supports domestic maritime security and law enforcement missions. Contributes to the specialized boat building industry.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for cost overruns if unforeseen technical challenges arise during boat construction.
Dependence on a single supplier for specialized components could lead to supply chain risks.

Positive Signals

Clear delivery timeline and fixed-price contract mitigate budget uncertainty.
Awarded through full and open competition, suggesting a competitive price was achieved.

Sector Analysis

The procurement of specialized patrol boats falls within the broader defense and maritime sector. Spending in this area is driven by national security needs and the maintenance of operational fleets.

Small Business Impact

Information on whether small businesses were involved as subcontractors or if Inventech Marine Solutions is itself an SMB is not provided in the data. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The contract is managed by the U.S. Coast Guard, a component of DHS, indicating established oversight mechanisms. The fixed-price nature of the contract provides a degree of financial accountability.

Related Government Programs

Boat Building
Department of Homeland Security Contracting
U.S. Coast Guard Programs

Risk Flags

Potential for schedule delays due to complex manufacturing processes.
Reliance on specialized components may create supply chain vulnerabilities.
Ensuring long-term maintainability and availability of spare parts.
Verification of compliance with all relevant maritime safety and environmental regulations.

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $2.7 million to INVENTECH MARINE SOLUTIONS, LLC. DELIVERY ORDER FOR TWO OTH VS FOR USCG FRC VINCENT DANZ AND FRC JEFFREY PALAZZO.

Who is the contractor on this award?

The obligated recipient is INVENTECH MARINE SOLUTIONS, LLC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (U.S. Coast Guard).

What is the total obligated amount?

The obligated amount is $2.7 million.

What is the period of performance?

Start: 2025-01-29. End: 2026-08-28.

What is the specific operational role of these FRC boats and how do they compare to existing assets in terms of capability and cost-effectiveness?

The FRC (Fast Response Cutter) class boats are designed for maritime security, interdiction, and search and rescue missions. They represent a modern, capable platform for the Coast Guard. A detailed comparison of their operational capabilities against older vessels, considering acquisition, maintenance, and crewing costs, would be necessary to fully assess their cost-effectiveness.

Are there any identified risks associated with the specific design or technology of these boats that could impact long-term operational readiness or maintenance costs?

The data does not specify unique design risks. However, any specialized maritime vessel carries inherent risks related to component reliability, material durability in harsh environments, and the availability of specialized maintenance expertise. A thorough review of the technical specifications and manufacturer's track record would reveal potential long-term operational or maintenance cost implications.

How does the performance of Inventech Marine Solutions in previous government contracts inform the assessment of this delivery order's effectiveness?

The effectiveness of this delivery order hinges on Inventech Marine Solutions' past performance. If they have a history of successful, on-time, and within-budget delivery of similar complex marine vessels to government agencies, it suggests a high likelihood of success. Conversely, past performance issues would raise concerns about the effectiveness and timely completion of this contract.

Industry Classification

NAICS: Manufacturing › Ship and Boat Building › Boat Building

Product/Service Code: SHIPS, SMALL CRAFT, PONTOON, DOCKS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 8585 SW WARRIOR DR, BREMERTON, WA, 98312

Business Categories: Category Business, Limited Liability Corporation, Manufacturer of Goods, Small Business, Sole Proprietorship, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $2,746,400

Exercised Options: $2,746,400

Current Obligation: $2,746,400

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 70Z02321DACB01200

IDV Type: IDC

Timeline